About MoboFree
MoboFree is a company based in Abuja (Nigeria) founded in 2011 by Tomas Martunas and Cristobal Alonso. It operates as a B2C. MoboFree operates in a competitive market with competitors including Jiji, Craigslist, u-Snapp, Fibi and Selloff, among others.
- Headquarter Abuja, Nigeria
- Founders Tomas Martunas, Cristobal Alonso
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Sectors
Retail
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of MoboFree
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2015 | Amount | Seed - MoboFree | Valuation |
investors |
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| Feb, 2014 | Amount | Seed - MoboFree | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MoboFree
MoboFree has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EVA Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MoboFree
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MoboFree
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mobofree Comparisons
Competitors of MoboFree
MoboFree operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jiji, Craigslist, u-Snapp, Fibi and Selloff, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Goods and services are exchanged via an online classified marketplace.
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| domain | founded_year | HQ Location |
Online classified forum
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| domain | founded_year | HQ Location |
Operates an online P2P marketplace for second-hand multi-category products.
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| domain | founded_year | HQ Location |
Operates an online marketplace for second-hand multi-category products.
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| domain | founded_year | HQ Location |
Online platform for buying, selling, and trading various goods in Nigeria.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MoboFree
When was MoboFree founded?
MoboFree was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is MoboFree located?
MoboFree is headquartered in Abuja, Nigeria. It is registered at Abuja, Federal Capital Territory, Nigeria.
Who is the current CEO of MoboFree?
Cristobal Alonso is the current CEO of MoboFree. They have also founded this company.
What does MoboFree do?
MoboFree serves as a mobile social marketplace for trading used goods, focusing on operating online marketplaces, social commerce, used goods, and mobile trading. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of MoboFree?
MoboFree's top competitors include Jiji, Craigslist and u-Snapp.
Who are MoboFree's investors?
MoboFree has 1 investor. Key investors include EVA Fund.
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